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private industry

Comprehensive Analysis

1) "Private" -- As to private industry 1pri·vate Pronunciation: 'prI-v&t Function: adjective Etymology: Middle English privat, from Anglo-French, from Latin privatus, from past participle of privare to deprive, release, from privus private, individual; probably akin to Latin pro for, in front of -- more at FOR 1 a : intended for or restricted to the use of a particular person, group, or class <a private park> b : belonging to or concerning an individual person, company, or interest <a private house> c (1) : restricted to the individual or arising independently of others <private opinion> (2) : carried on by the individual independently of the usual institutions <private study> <a doctor in private practice>; also : being educated by independent study or a tutor or in a private school <private students> d : not general in effect <a private statute> e : of, relating to, or receiving hospital service in which the patient has more privileges than a semiprivate or ward patient 2 a (1) : not holding public office or employment <a private citizen> (2) : not related to one's official position : PERSONAL <private correspondence> b : being a private <a private soldier> 3 a : withdrawn from company or observation : SEQUESTERED <a private retreat> b : not known or intended to be known publicly : SECRET <a private conversation> c : preferring to keep personal affairs to oneself : valuing privacy highly d : unsuitable for public use or display 4 : not having shares that can be freely traded on the open market <a private company> - pri·vate·ly adverb - pri·vate·ness noun Pronu Private can mean: Privacy, the ability of a person to control the availability of information about and exposure of him or herself access specifier "private" Private (film), a 2004 Italian film Private (rank), a grade of military rank The Private sector is the portion of a nation's economy that is not controlled by its government A Private company is a company that is not a public company Private school Private university Private Media Group, a European pornography company Personal property Genitalia, with "Private parts", or "privates" used as a euphemism See also Public ..." 2) "Industry" -- As to private industry in·dus·try Pronunciation: 'in-(")d&s-trE Function: noun Inflected Form(s): plural -tries Etymology: Middle English (Scots) industrie, from Middle French, from Latin industria, from industrius diligent, from Old Latin indostruus, perhaps from indu in + -struus (akin to Latin struere to build) -- more at END-, STREW 1 : diligence in an employment or pursuit; especially : steady or habitual effort 2 a : systematic labor especially for some useful purpose or the creation of something of value b : a department or branch of a craft, art, business, or manufacture; especially : one that employs a large personnel and capital especially in manufacturing c : a distinct group of productive or profit-making enterprises <the banking industry> d : manufacturing activity as a whole <the nation's industry> 3 : work devoted to the study of a particular subject or author <the Shakespeare industry> synonym see BUSINESS Pronunciation Symbols For other uses of this term, see Industry (disambiguation) GDP composition of sector and labour force by occupation. The green, red, and blue components of the colours of the countries represent the percentages for the agriculture, industry, and services sectors, respectively. Industry is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day. Many "developed" countries (The U.S., the UK, Canada) depend significantly on industry. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web that may be hard to understand at first glance. Industry in the second sense became a key sector of production in European and North American countries during the Industrial Revolution, which upset previous mercantile and feudal economies through many successive rapid advances in technology, such as the development of steam engines, power looms, and advances in large scale steel and coal production. Industrial countries then assumed a capitalist economic policy. Railroads and steam-powered ships began speedily establishing links with previously unreachable world markets, enabling private companies to develop to then-unheard of size and wealth. Manufacturing is a wealth producing sector in an economy. Following the Industrial Revolution, perhaps a third of the world's economic output is derived from manufacturing industries—more than agriculture's share. In economics and urban planning, industrial is a type of land use and economic activity involved with manufacturing and production. Clark's Sector Model (1950) 1 History 2 Industrial development 2.1 Declining industries 3 Industrial technology 4 Industry sectors and classification 5 Industry and society <..." 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